EUR/AUD – 30M – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at 1.78629 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 1.79358 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. In der Regel bedeutet das ein negatives chart scenario. Die Paarung wird wahrscheinlich fallen.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Then a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.79101 – 1.77966 – 1.78669 – 1.78629 – 1.77411 – 1.7748 —
1.79018 – 1.79209 —
57.1354263346 – 51.744245759969 —
– —
1.79101 – 1763672400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double top chart pattern – – – –